The dogecoin-killer Shiba Inu (SHIB), a meme-token, grew by over 40 percent within one day and reached a new all-time high. According to Coinmarketcap, Shiba Inu is currently ranked 12th among the most valuable cryptocurrencies with a market capitalization of around 16 billion dollars – but the top ten and thus also rival Dogecoin are still more than 15 billion dollars behind. Shiba Inu would need another double course.
In early October, a tweet from Tesla and SpaceX boss Elon Musk had exploded the price of the meme token Shiba Inu. Within a few days, the SHIB price quadrupled. The self-proclaimed Dogecoin killer was on everyone’s lips again after a rather weak summer. Last week, Musk’s brief statement on Twitter again pushed the meme token’s course. However, another news was probably responsible for reaching a new all-time high on Sunday.
The Dogecoin rival, which was launched only last year and has since been able to win over a community of several hundred thousand retail investors, has not yet managed to be listed on the Robinhood platform, which is well-known for its Dogecoin support. However, Robinhood’s reluctance has now taken advantage of its rival Public. com. Since October 20, SHIB can be traded there.
At first it had remained relatively quiet around the Shiba Inu course. The SHIB price failed several times when it crossed the 0. 00 003 US dollar mark. On Saturday evening, however, we went inexorably towards the new all-time high, which was reached on Sunday afternoon: at 0. 00 004 442 dollars. Currently, Shiba Inu’s price continues to oscillate slightly above the psychologically important mark of $0. 00 004. Within just a few weeks, this increased by more than 1,000 percent. For the past 24 hours, an increase of around 45 percent has been recorded.
What you think about that Token? Only a meme or maybe worth a real investment?
Thanks for reading my post. Would like to see a upvote or follow ;)
Have a nice day
eragon
.
.
.
.
.
Credits: https://t3n.de/news/shiba-inu-shib-allzeithoch-1419751/